Issue 4

July 2013
Articles: 

A MULTI-TASK PRINCIPAL-AGENT APPROACH TO ORGANIZATIONAL FORM

This paper studies the choice of organizational forms in a multi-task principal-agent model.

MARKET POWER, VERTICAL INTEGRATION AND THE WHOLESALE PRICE OF GASOLINE

This paper examines empirically the relationship between vertical integration and wholesale gasoline prices.

CONSUMPTION UNDER NOISY PRICE SIGNALS: A STUDY OF ELECTRICITY RETAIL RATE DEREGULATION IN SAN DIEGO

Utility services employ nonlinear tariffs that attempt to convey information on cost convexities.

INDIRECT NETWORK EFFECTS AND THE PRODUCT CYCLE: VIDEO GAMES IN THE U.S., 1994–2002

We examine the importance of indirect network effects in the U.S. video game market between 1994 and 2002.

SELLING ONLINE VERSUS LIVE

A seller choosing between auctioning online and live faces a tradeoff: lower transaction costs online against more rents left with the bidders.